According to the recent Market Report 2023, the U.S. Sexual Wellness Market is poised to undergo significant growth in the next five years. The report predicts that by 2028, the market value will surpass $10 billion, marking a substantial increase from the $6.47 billion recorded in 2022.
This positive outlook is attributed to the rising demand for cutting-edge technologies and solutions in the sexual health industry.
An April 2023 report from Astute Analytica projects the global sexual wellness market size will reach a value of $54.8 billion by 2031, showcasing significant growth.
Sex toys lead the U.S. sexual wellness market, taking in a 50% market share in 2019.